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not to sell your shares from least one year. new report says the united states is losing its competitive edge according to a new study the misstates ranks seventh with the fourth consecutive drop for america. with more on how they can regain its competitive edge we have author of the book the true gold standard. when the issue is complex we turned to mr. levin. how best do we judge we are better off a four years ago? not just our wallets and incumbent go deeper. what do see for the future? back competitiveness. the world economic forum study resonate with you? number one. the educational system math math, science, computer sciences at ranked 24th proposal or high-school list and colleges even like m.i.t. among others are not training the kids in math, science, computer science. even the old economy is being completely renovated. lou: rear watching clumsiness to deal with the answer to that question. >> we are not better off despite what obama is saying. the unemployment rate was 7.8% and today is 8.3%. the average income was around $50,000. today with real income is about 45,000. 10 percent d
for a senator who is on his way to becoming president of united states. a prime time pat on the back. barack obama and why he should be given another shot at this. michele obama presented a very personal story. we are going to talk to a congressman who had a story more than 24 hours ago. peter barnes on the floor of the democratic national convention. reporter: neil, one of the goals of the obama campaign is to try to reach across generations and we are doing that right here on the north carolina delegation. a few seats down from me, an older delegate wearing what looks to be an original top hat for john f. kennedy, caroline kennedy's uncle. the campaign, of course, trying to appeal to seniors as well as younger voters and middle-aged voters across all the ages. big decisions over the next few years. he is going to say that he wants more time and needs more time. the truth is it will take more than a few years for us to solve challenges that have built up over decades. including creating another million manufacturing jobs by 2016. neil: since it took a while to turn this ship around, you wil
. dagen: china looking to put an end to the united states domination of the western pacific by expanding its navy presence, forcing the u.s. to send a significant number of troops to the region in response. connell: fox news adam housely is with us now in san diego with the latest on that. adam? >> yeah, connell and dagen it's one of those stories that's kind of flown under the radar a bit because so much is going on in middle east and on going operations in afghanistan but it is extremely important in the pacific because china is doing what it can to really increase its reach if you will because they are going for more resources as we know and more influence in the region. over the course of the last 20 years they have increased their defense spending by 15%. and today they actually unveiled officially their first ever aircraft carrier, actually purchased from the russians and then refurbished by china. it is important because china because of this reach there are problems now with -- water gun attacks in the last days and as well as disputed islands with japan, both sending ships with
one. number two the president needs to talk about the relationship between the united states and israel. when he says that israel, that the united states always has their back on all issues what does that specifically mean? i think, three, the president owes it to the people of this country to know what his foreign policy is. the president in 2008 laid out a foreign policy that he would hit reset button with russia. i believe that has failed. melissa: yeah. >> he said he would have negotiations with iran. that has clearly failed. iran is closer to nuclear weapon, melissa, than ever before. he has said that the arab world would have a much better relationship because he is the president. that's not the case when you have these sort of concerted organized abuses going on. melissa: right. start with the first one, saying the war on terror is still ongoing. do you think that it is realistic that he would do that give that he sort of spiked the football with the death of osama bin laden saying that it was almost over? do you think that he is really going to acknowledge that is sti
, the united states is also affected. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios for many, nexium helps relieve heartburn symptoms ...but you still have to go to the gym. caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. try the #1 gastroenterologist recommended probiotic. align. align naturally helps maintain digestive balance. ♪ ooh, baby, can i do for you today? ♪ try align today. stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz... to e-mails that keep loyal customers coming back, our easy-to-use tools will keep you in front of your customers. see what's right for you at constantcontact.com/try. neil: wh
. the defense minister pointed out we have best relations between israel and united states of the securities we have ever had. we have operation iron dome which allows the folks in israel to be protected from these rockets. i think it is one of those things that it is election year thing. connell: but the week of the u.n. general assembly, you don't think that's a fair political criticism from the other side? say hey listen, there's a lot going on here in the world, you should have sat down with them, you don't think that's fair? >> i don't think it's fair. he keeps good communications with the rest of the world. our relations with the rest of the world have been better than a long time. when i travel, people were very very pleased with what the administration was doing. they respect the president. look, we're in the last what 40 some days of a presidential campaign. that's the high priority. connell: let's talk about that a little bit before we let you go. the republicans would say look at the unemployment rate under president obama how it's stayed above 8%, this is quote unquote our year, we
these guys want to impose a european tax solution on the united states. it doesn't work. neil: there must be a middle ground. >> you have to get out of the recession first. neil: governor dukakis, thank you so much. the governor and i were getting into some of the particulars are mess. the fact of the matter is that as the governor pointed out, it will be able of what you want the governments role to be on spending. now, democrats at this convention are the same, do we want to resort to the policies that got us into this mess, or do we want to continue the policy that many of them argue is just going to continue. that is the point will be taken up later this evening with martin o'malley, who is among those saying that we have to get a handle on how much we are really committed to looking at this for your thing and whether it is something that we are not addressing right now. in other words, democrats are divided as to whether they can make it an easy characterization that you're you are better off than you were four years ago. a lot of times they frame this a different way by saying that
discoverries, make it a bigger play for the united states of america to reduce imports. the president said last week in his acceptance speech, if we follow his plan we will be off imports by 2020. that is a nonsense statement. there is nothing in the president's plan that would bring us anywhere close unless we reduce demand by continued recession and use ever less oil which is one of the reasons that we have changed the import relationship, reduced demand because people can't afford to buy oil in this day and age at these prices. so they are reducing demand. but in terms of increasing production --. melissa: your bottom line argument is that we shouldn't step off the gas in other development areas just because we think that all of this other supply is coming on board? is there evidence that is what is going on? >> no. we've been emphasizing the shale plays because it is private land, with state permits. you know, drilling on federal lands is down 40% over the last three years. we have decreased our investments under federal jurisdiction while we have increased private and state jurisdictional
into a tailspin. >> not the threat just for the united states of america this is the threat for the global economy given the size of the u.s. economy, and its linkages with many other countries in the globe. neil: so there you have it all on us, the whole globe. our fiscal mess in u.s. is a bis mess for the whole world. are you kidding me? france digs itself into a deeper hold every day,ments ts wants te richest at 75% there that is fine, we want to imminent minor cuts over the course of a decade, that is not find? i don't think so pepe . i call it selective sides on point of europeans who would sooner point a finger at us, than look at themselves in the mirror. they have built their finish toilet, and they blame it on us, that stinks. last i checked it is your bed that is sinking, your treasured club getting clubbed, and your euro is the real zero, it takes call tor crist to -- gall for crist to sound so punchy, in any access or language, how shall i say it le pew . this just in. a lot of votes already in, with millions of americans voting early, this makes you rethink of strategy of a end of med
of the united states of america. the house and nothing moves in with the republicans wanted to her. and they are in the senate. but they are available to the american people. neil: the president also say that i have a record. >> yes, sure. first, he's going to say that i have plans, using do you have plans. let me see your plans and frankly -- i will support it on the spot. but don't tell me that you have plans, but not details of plans. nixon did that. [talking over each other] [talking over each other] >> this is a very important point. if he holds his plans, i don't care about how much money he makes, he can tell whatever stories he wants. that doesn't bother me. but if you say that you have plans and he won't show them until after you win, -- neil: enough about his general across the board -- [talking over each other] neil: his plans are indeed his record. what is good for the goose has to be good for the gander, right? >> i think he's going to win the. neil: who is going to win? >> obama. he will win by a small margin and he will come out like bill clinton with a great second
together since both the united states federal reserve and the bank of japan lored interest rate policy and put in additional stimulus in the global economy. last night silver and gold cracked, and there were a lot of people shaking their heads as to why the metals cracked, and there is perhaps talk out there there were large derivative positions out there that perhaps silver gets above $36 an ounce, you could see a large short covering trade. so be careful. but the fact that gold and silver cracked in this global, aggressive central bank easing campaign doesn't make sense either. david: no, no. of course, it was a crack. it may come back. john, we're going to be talking more to you when the s&p futures close in just about ten minutes. thank you, john. liz: thanks john. let's bring in maury, chief investment officer of relative value partners and david steinberg. both these gentlemen a lot of experience in the markets and a lot of money that they work with. david, you're a bit more optimistic right now, and as we look at the s&p 500 which is certainly up over the past year, pretty stron
in the united states. my brothers and sisters gladly gave our all for our country, but we need help to get our lives back to normal again. that's why we depend on the dav, the disabled american veterans, to fight for benefits and rights that we earned. don't forget america's disabled veterans, and remember the dav. john: for the past week kennedy has been our correspondent. i asked her to cover with the mainstream media does not and check out the protesters about corporate role. >> in the complaints about wall street kennedy saw hypocrisy. >> they all fly united they pompous their cars full of guest. >> i am worried about the environment. >> what type of computer. >> i have an apple. >> that is the corporation. have used the ninth corporate computer. >> did they make sense? >> to themselves. you think they will be the freedom lovers. they one to their own sets of laws. it is a little hypocritical. john: people call themselves an hour guest and call for more relation? >> corporation, yes. their own form of government smothering even though they where the pretty mask. it is hypocrisy across the
matters, just a short while ago the united states state department announced it is temporarily withdrawing staff from our embassy in tripoli, libya, for security reasons. joining us now to discuss his latest development, prime minister netanyahu speech at the united nations and that bold red line. fox news contributor, former u.s. ambassador to the united nations, john bolton. john, let's first turn to this development in tripoli, with strong our personnel. what is that about? >> i think it is a further concession really to reality in libya that it is not secure there and we cannot guarantee the safety of our personnel. if that is the judgment they make and i think the only prudent thing to do is pull them out. lou: do we not look like complete idiots, the united states? it is now two weeks and two days since the murder of our ambassador. we now have figured out there is a security issue? >> apparently we withdraw non-essential personnel before, but the fbi team that is supposed to be investigating has apparently not gonna get either. lou: they are reporting that they have been there for d
outside of the border of the united states so free trade is critical and he was a proponent of that. >>neil: thank you very much i know you have a very hectic schedule, along with your pre-schooler. >>guest: starts this week. >>neil: thank you, jay. much is made in this building of the most anticipated speaker, if i can daresay, more than michelle obama and that is bill clinton. there has been a lot of talk back-and-forth whether the two, that is, bill clinton and the president, really get along, whether bill clinton still sports doubts about the president, but, nevertheless his speech will be heard on wednesday night. we hear the stories back-and-forth whether true obama loyalists wanted to hear from the former president that he makes this look bad, but, the fact of the matter is, the proof is in the invite pudding and the fact of the matter is, bill clinton has been invited to speak and will, in fact, be giving a major speech at this convention. that is what makes it very different. it is one of those, would have, could have, hard to argue points but without jesse jackson would it
countries like the united states are already past the 50% penetration market. you got the smart phone. the incremental advantage of a new one, you know, is much less than the advantage for the future phone to a smart phone. >> people always trade up. you don't have total saturation. if you have one, you expect to get the new model, you drop it, you break it, it's note like you're not going to get another one. the expectations, the growth is exploding. 50 million iphones sold in the december quarter; right? that's the base bar. you know, that's the expectation. apple needs to beat that hurdle to keep forward momentum. when you only sold 150 million total units in the june quarter alone, worldwide among all the vendors, a third of the marketplace, is it poll? of course it is, but can they make them fast enough? that's the issue. >> is there backlash setting in for apple? i was watching tv in the samsung galaxy commercial makes fun of the people waiting in line for the iphone5. everywhere you go, you see the galaxy posters, point your phone up, and you get five free songs. there's fierce
about the united states and how that relates to what israel does against iran and what we do again to stop iran from developing nuclear weapons? >> it is a really interesting statement from netanyahu. hillary clinton came out yesterday and said no deadlines. i think the israelis want a firm deadline from the united states on when we will do military action because ultimately if you look at this operation, yes, the israelis can hit something, yes, they can do some damage, but only with the united states, only with our b-1 bombers and cruise missiles can you do significant long-term damage to the nuclear facilities in iran. so the question is, yes, the israelis could go alone, but it is always far more optimal to get on board with the united states. so i think this issue is going to remain a live issue into 2013, because i don't see how we have an off ramp. dagen: right. helima terrific to see you. we covered so much in little time. next time more time i promise. >> thanks. connell: new book that's come out from bob woodward. we will talk about that book on the day in which boehner h
are not listing seeing this in the united states, but around the world. reporter: that interview served up a softball to republican vice presidential nominee paul ryan. >> for years and her presidency and incomplete? the president is asking people to be patient with them. >> white house officials insist it is not due because the president has previously graded himself with and incomplete. that is true. they are not mentioning just one year into his presidency, he deserved a solid a+ and adding that passing health care made him deserve it least a a- >> i give him an a for effort. i give him an a for making sure that americans are better off today than they were four years ago. i do believe that we need four more years. reporter: a majority of the electorate seems to disagree and may be looking for results rather than effort, with unemployment at a .3%, and gas prices now close to $4 per gallon and the national debt costing $16 trillion. when asked by the newspaper, the hill, whether the president deserves a second term, 60% said no and 40% said yes. the president made clear today that the l
that we have according to the united states treasury, clips the 16 trillion dollar debt level. >> everyone knew this number would come. neil: congressman, you're among those who say we shouldn't hide from the spending, but embrace it? >> well, depends what you talk about spending money on. >> long term investments, and sometimes when you build a house, a road, you do have to borrow to make investments. neil: are you disaappointmented we have not seen more bang for the buck? >> today, we eclipsed $16 trillion of debt under this president. >> after $5 trillion of new debt, our economy is struggling. neil: the wrap against the president is he has no problem spending. >> that's not the issue. look, austerity never got a country out of recession. >> do we love our country enough we'll invest at the same levels in education -- neil: we don't have money to inest; right? >> that's because, neil -- neil: this president is spending billions more, and it's your money, and it has not yielded results. >> here's what i say to that. if, in fact, you're creating jobs here, that's good. if you are spending
to contribute here in the united states." shements the europeans to do the -- she wants the europeans to do the unified banking supervision, unified fiscal policy, and shements the fiscal -- she wants the fiscal cliff addressed here in the united states. liz: ifo -- i-f-o, the german sentiment. people put emphasis into that. the recent health care law will hit the economy if not repealed. who did the survey? >> it's a really important survey, done by the national association of business economics, top economists at the country's biggest companies at places like dupont or wells fargo. the majority, 75% says health korsts continue to rise, and 60% say fewer employers provide coverage in the near future, and four out of the ten was the repeal of the health care law. the majority, nine out of ten said what is hanging up the u.s. economy is dc fiscal policy. the majority said make permanent the income tax rate, capital gains rate, and dividends rate, and and -- seven out of ten approved the pipeline. liz: how does the country run when nobody wants to do anything? who knows. apple. this is a huge
of the united states. stuart: we will get to why the polls don't reflect your position in a moment. mark lanier. would you want to sue the establishment media for their misleading the public? >> the media is allowed to say what they want and allowed to be selective and allowed to be 1-sided as opposed to fair and balanced. stuart: when you agree that they are. the establishment media is in the tank for obama? >> i would modify it slightly because i consider fox -- [talking over each other] >> by definition fox is the media that people watch. you got the ratings. i am going to nicole petallides. two smart phone stocks. research in motion. give me the number because it is up. >> we are seeing research in motion up 13%. we were looking at this stock earlier in the weekend throughout the week we heard they were adding subscribers. blackberry can getting great reviews. now we are hearing about the cash being built up in their quarterly numbers and the outlook for a huge marketing campaign for 2013 so here you go. great day. stuart: give me apple which is going the other way. is apple down? >> they w
are under way in the united states. hundreds of employees potentially at risk. and telling charlie the equity business has been, quote, decimated. we will get more from charlie gasparino in the next hour of markets. dennis: stocks every quarter hour. chipmakers that both end of the spectrum. nicole: we talk about supply it is the big issue. technology groups, to the downside and a supply warning and you can see down 22% is a huge move to the downside. if you are disappointed in how you have supply ready to go and some key beneficiaries both of which are up 8% on this news another thing to note is prices are flat but this could -- benefit from supplies. big picture market outlook a big day. if you have an ira or 401(k) you are pretty happy. lots of new highs. dennis: thank you. gold is hitting a five month high today. phil flynn of price futures group and fox business contributors watching all things shiny. phil: we are seeing silver flying saucer. what are talking about? a saucer bottom in silver. that is what traders are talking about. silver created tactical tops or bottoms which
tax rate. the united states have highest corporate tax rate in the industrialized world making us less competitive. we need to bring down the corporate tax rate to attract investors and different corporations as well. we have to simplify the corporate tax code. a lot of extra provisions that can be reduced to simplify and make corporate taxes and individual taxes easier. reducing the rate and simplifying the deductions is the key winning formula. dennis: as soon as we hear reduce the rate that will make some americans feel they are favoring corporations. do you guys want overall corporate tax revenue to go up to help balance the budget? >> corporations have a role to play in the economy and they should play commensurate with their earnings like everybody should pay in terms of how we are structured. in terms of lowering the corporate tax rate increases jobs and that helps americans. by lowering the corporate tax rate you help the economy and individual americans and that is the key to getting the economy started again. dennis: overall should there be an alternative minimum tax so every
in the united states cannot but you're fighting that reality. >> wait a second. neil: and you are anxious about the reality. you're trying to make the company's the evil guys simply because they cannot afford to pay your workers with their rates are when they get the same labor. >> that is nonsense, neil. neil: about -- >> just ask my mother. you can't. she passed away. she would have said that. the germans make higher wages than us. they're kicking your butts in the market. the scandinavia's make higher wages than us. the canadians, the brazilians. all of these people are keeping up with higher wages. it is not because they cannot do it and we can do it. neil: a lot of jobs support. >> no. no. they create more jobs at home. they don't lay people off. neil: now your just making stuff up. looked at me. you are. >> of tell you what, we'll do this. if i'm not telling the truth about germany i will give you my salary for a year. if i am, you give me your salary for a year. neil: done. >> five to one odds. neil: i am curious. the mood at the convention. i really am. the people of jazz. they got all
measure of your report and suffering may prevail in the united states. that a society's greatness is founded above all showing the weakest and neediest among us. we beseech you touche shed your grace on this noble experiment of liberty that began with a confident assertion of unalienable rights bestowed on us bayou. life liberty in the pursuit of happiness. grant us the courage to defend the life of which no other rights are secure that those waiting to be born may be welcome dam protected. strengthen our elders waiting to see your face to be accompanied by a true compassion with dignity to those to our fragile we braze and thank you for the gift of liberty. made this never lack of those brave enough to defend our freedoms. renewable a profound respect for religious liberty, the most cherished freedom at our founding. may liberty be with truth and good this and justice. help us live our freedom and faith. and for those who over two centuries have given their lives over freedoms defense defense, we give your care to those eternal souls with your mighty arm now overlooking those in
. that will prove costly. one thing we want to remember is that the united states went through a period where there was a sharp contraction through government. i am talking about the end of world war ii. since we have this. brief and cutbacks in government spending, the recession was painful but very brief and then we entered into a period of prolonged prosperity. we can't afford deep cutbacks and spending. we cannot afford very big increases by taxation. gerri: big increases by taxation. will that create another recession? there are lots of signs that we are going there already. >> that is true. we had indications of a worsening of business activity in europe and china. this is beginning to hurt u.s. exports. u.s. consumers and businesses, themselves, are shying away from major expenditures, especially business in terms of capital spending until fiscal cliff uncertainties are resolved. we are not going to resolve those uncertainties until we get the election out of the way. that is why these upcoming presidential debates and october will be of the utmost importance and they very much they ha
as the potential vice president of the united states or nominee ar fore party for vice president. neil: to what end? mitt romney wants to win. >> i will say, two things, this so concerning this to the ryan -- romney-ryan campaign. and is this gets to the way the ryan campaign staff thinks they will win, they are running a hesitant, tentative campaign, they think that is the best way to do it that has been the mo from day one with this president. i am not a political guy, i can just tell you what people are saying. people that gave them a lot of money, and do not want to see 4 more years of president obama, worried it is way too hesitant, too tentative, and they are criticizing it for what they believe is muzzling one of their best weapons. neil: do they worry, the rich guys in party, pushing for this guy to lead the nation, this guy is still trying to calm up cash? >> they think that -- this is another thing, he spending more money, and ryan is spending a lot of money, more time and ryan spenspending time, raising mone, not doing what needs to be done. neil: but then they would not have money for t
. >> in the sense that china is slowing down, europe is a mess, a lot of foreign capital coming to the united states, whether it's real estate. equities, treasuries, and worst still the united states, the bad lot. people are going to maintain them and we're outperforming and many versus india and russia and the money is slowing out of the u.s. and you see the money coming here. so far so good. and the scenario is right about bernanke being proactive and the money keeps coming. >> every time you come to the program, a great guest for us to have and we appreciate that. you said, look, go for the big name, international companies, are you still there? >> still there because we like the global footprint and the core competencies and the global brand. it takes decades, good management and core competence to build that out. and apple, ge, ibm, not recommending those, they're good global brands around for 50, 100 years, and they're going to be around for another hundred years. >> joe, good stuff. we appreciate it, thank you so much. sir. time for the gold report. almost at 950 eastern. where are we now? lo
and the top 1% or 2% but you need some sort of tax overhaul to make the united states more competitive. connell: we talk about that a lot. the first part, i think it is pretty interesting especially from you. bill clinton argued nobody could have fooled us out of this economic mess in four years and included himself. it sounds like you think we could have been pull out of it but not in a way that some of argued. some argued we need a completely different prescription altogether. you say we needed more money spent than was spent. >> we needed more targeting of what was spent. health care was important but that should have been the second priority. first priority should have been no different than when roosevelt took office. the economy, stupid. you have to put people back to work and he has not done a good enough job and he has to get the best and brightest together and come up for the real dialogue. this is what i'm going to do. not just sweeping generalities or romney and ryan are retrograde to what failed in the first place. team needs a positive agenda for america. connell: let me a
countries ended up with. they keep on running debt and our dollar gets devaluated. the u.s., the united states gets deevaluated. this is wrong. they have got to bring up what are we going to do, what is your administration going to do? but more important, i haven't heard anything new. what are going to do to lower the deficit? what will you do to create more jobs? what will you do to be more accountable for that? if they don't mention that, america becomes like europe and none of us in america want that. none of us want that. melissa: from the reports i've been hearing about the democratic national convention and speech i'm watching they're embracing their spendingselves. they feel very good about this. you heard neil cavuto talk about this. spending makes sense. this is what you do as a government. isn't that your impression being there? >> well, priority, i love you out there, okay. that is a priority. but what is very important that we love each other as this, they're not addressing it. america that is very important. we don't want to go bankrupt. if bankrupt happens, there is less s
Search Results 0 to 49 of about 57 (some duplicates have been removed)